Fed cuts interest rates for the first time since Covid: What it means

KTLA consumer reporter David Lazarus weighs-in on the Federal Reserve slashing the Federal Funds rate by 0.5%, and the future for iconic plasticware company, Tupperware. Sept. 18, 2024.

KTLA 5 News - Keeping Southern Californians informed since 1947.

[Thebikewrench]

Did he say “a normal course of business” low interest on borrowed money is unnatural, it makes no sense . The only reason the Fed is interested in lower the interest rate is to accommodate the national debt (35 trillion, ) so they can keep spending and pay no interest.

[Debbiepolowy]

In my opinion<, based on what I learned in my college macroeconomics class, lowering inflation through cutting interest rates could actually hurt the middle class because when the FED lowers rates, borrowing becomes cheaper, increasing demand and pushing prices up. While lower rates might stimulate the economy in the short term, they risk driving up inflation in the long run, as demand would outpace supply. If the FED continues to print money and keeps rates low, inflation could spiral out of control, and our economy could face instability. Historically, when the FED lowers rates, it may boost GDP temporarily, but it can lead to long-term inflationary pressures. Anyone feeling the impact of these economic shifts should consider long-term trading strategies to protect their assets. My advice to anyone feeling the heat in this inflation, just trade long term more than ever, I have made over 720k from day trading with Linda Wilburn in few weeks, this is one of the best medium to backup your assets incase it goes bearish..

[kerireeder]

So Harris can say she did it she will totally say it happened because of her

[stansbornak]

Never mind the guy behind the curtain!

[BillyIgnacioQuiboloy]

Topperware. I HAVE TO DEAL WITH SILICONE People.